Based in Ashford, AL, Alabama Motor Express has joined forces with the Blockchain in Transport Alliance (BiTA) to help with the implementation of blockchain technology in the supply chain. Alabama Motor Express (AMX) has been in the trucking industry for over 30 years with supplemental logistics offices in Savannah, GA, and Dothan, AL.

This alliance is just the beginning in the journey to standardize the tech for the supply chain. AMX recognizes the significance in joining the talk in its early stages and now is the time to get involved. Increasing efficiency in all aspects of the supply chain is one of the biggest concerns for trucking industry professionals. Blockchain technology has the power to do just that. Combined with the possibility of increased transparency, there aren’t many reasons to ignore this new change.

On its homepage, BiTA says it “was formed by experienced tech and transportation executives to create a forum for the development of blockchain standards and education for the freight industry. [The] goal is to bring together leading companies in the freight technology industries that have a vested interest in the development of blockchain technology. “

AMX will work with BiTA to continue to educate members of the industry on any impact blockchain will have.

“AMX is extremely proud to be a part of BiTA. We feel that blockchain technology will have a positive impact on the trucking industry and we look forward to helping promote its efficiencies. It is paramount that our industry gets involved in the early stages so best practices can be established with our customers’ and employees’ best interests in mind. After all, the benefits from the increases will benefit everyone involved,” said Scott White, President of AMX.

Blockchain was created when the creator(s) of Bitcoin realized they needed a secure, decentralized way to transact with this new digital currency, hence the blockchain was born. It’s this seemingly boring technology created to keep up with these transactions that is set to disrupt the current models in several wide-reaching industries. It’s a way to keep track of transactions between companies or people that is supposedly incorruptible and unhackable.

AMX is currently working on a blog post to breakdown how this new tech can affect the supply chain, featuring insight from Chris Burruss, President of BiTA. To stay updated, check out AMX’s blog at blog.amxtrucking.com.

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FreightWaves

FreightWaves provides data and commentary on the global freight market. At the core of each article or content piece is a focus on the economic impacts and outcomes - good or bad - that are driven by emerging technology, innovation and freight industry evolution.

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